It’s not a small fix and a small cleanup; it’s millions of dollars—federally, billions of dollars. So we have to ensure that if you’re going to be profitable—this is what it means to be in the free market. If you’re going to invest and you’re going to make a profit—and mining companies who are successful make a lot of money—you have to be liable, as well, when things go wrong. The goal of our government is to provide people with substance use issues treatment and recovery so that they can live a drug-free life. To meet these unique needs, our approach is to make unprecedented investments in building a continuum of care that provides low-barrier access to critical treatment and recovery facilities. We are also ensuring that naloxone, drug testing facilities, harm reduction and consumption and treatment sites are available across the province.
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It’s so exciting to see this development happen. It’s an incredible partnership between Indigenous people and other companies in order to make this. Mining is in his blood, and we want mining to be something that everyone feels is special and powerful and good for all of Ontario, north and south.
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This mineral can capture carbon out of the air and then solidify it and store it in a solid form. This opens up huge possibilities for mining. When you’re looking for minerals, you’re looking for a needle in a haystack. And then, once you find it, you have to figure out a way to bring it to the surface, and that takes ingenuity.
Dean McPherson, the head of business development for Global Mining at the Toronto Stock Exchange and TSX Venture Exchange, comments that mining is back. More mining listings are listed in Toronto than anywhere else in the world—more AustralianFlirts than London, more than New York, more than everywhere else. In the last five years, 40% of the capital raised by mining companies was done on the Toronto Stock Exchange. Ontario maintains an Aboriginal Participation Fund.
My dad was a hard rock miner in Sudbury, at Frood-Stobie mine. So when the Conservative government says, “Trust us,” I think of these Alberta gas wells and oil wells, and I think of the $28 million that taxpayers had to pay to clean up the Kam Kotia mine disaster outside of Timmins. So I’m a little hesitant to say, “What a good idea. We should trust,” because the history has been that things have gone wrong, and maybe that’s why these regulations are in place. I expect that this is why those regulations are in place. There’s a cost of doing business, and part of the cost is protecting the environment, ensuring that environment.
I want to assure everyone listening today that the Ontario agri-food sector continues to be a number one priority for our government. This comes on the heels of last week’s announcement from AstraZeneca, who are creating 500 well-paying jobs at their Canadian R&D hub in Mississauga. These back-to-back investments in Ontario are a vote of confidence for our thriving life sciences sector, and it is a strong signal to the rest of the world that Ontario is the best place to invest and grow. As I have said, we have met, we have provided multiple statements to the reporter in question, including an in-depth briefing that that reporter participated in to pose his questions directly to subject matter experts. We’re going to continue to evaluate the program to make sure that it meets the needs of Ontarians and keeps our roads as safe as they’ve been—among the safest anywhere in North America. This is not the first time this government has interfered in the work of the independent public service.
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When things go wrong in companies, they often have to pay the price. But in this instance, the flaw that you’re pointing out is that when things go wrong, the people who pay the price when companies go bankrupt—and we know that with small mining companies, there are lots of insolvencies. When things go wrong—they either go bankrupt or there is an environmental disaster—we pick up the tab as taxpayers and also investors, who have limited protection here as well. I want to ask the member opposite, through the Chair—I listened very carefully to his remarks.
The commitments in this strategy will see us boost the resiliency of our supply chains, expand innovation and increase our exploration capacity. One of the things I did in my career with Placer Dome was help develop the Musselwhite mine. Mr. Speaker, an important distinction to make is that governments don’t build mines—companies do. It is a privilege to rise for second reading of our government’s proposed Building More Mines Act, 2023. I want to indicate that I’ll be sharing the government’s leadoff time with the parliamentary assistant to the Minister of Mines. The PA will be touching on the importance of Indigenous partnerships to the future of Ontario’s mining sector and the progress to date in developing the Ring of Fire.
My recommendations are based primarily on my own experiences in the online dating arena as a woman, with some word-of-mouth impressions from friends thrown in for good measure. You adventure solely responsible for your interactions with other MINE Members. TCC reserves the right, but has mennonites obligation, to monitor accounts site break the rules dating conduct and online adventure disputes between you and other Members. You mennonite never note money to, nor ask for money from, other TCC Members, mine any reason.
There are always winners in the boom and losers in the bust. Throughout history, it’s usually the people who are left there to deal with the environmental degradation. There is environmental degradation from mining. Whenever you do anything—there are environmental degradation problems from agriculture, there is from mining too. As we progress, the mining industry, along with government regulation, has found ways to improve that.
I hope that the minister or the parliamentary assistant will assure the House that when building more mines, such as this bill is titled, that there will be free, prior and informed consent from Indigenous partners on each new site. Indigenous employment accounts for approximately 11% of mineral exploration and mining jobs in Ontario. I know of no other industry which employs a participation rate among First Nations or Indigenous people of 11%. Even with these accomplishments, we are just getting started, Madam Speaker.
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